Howford Hydraulics Limited

Howford Hydraulics Ltd, based in Ayrshire, UK, is a small, active company established 23 years ago. Employing seven people and holding assets of £650,882, the business operates from a real address and is overseen by three directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 77 months of import activity recorded, and exports similar items, with eight months of export activity.

The company's website showcases a specialist supplier of hydraulic parts, cylinders, and kits. It operates an e-commerce platform with a wide range of products, including Matbro spares and various series of cylinders and components. The site also highlights services like bespoke cylinder design and restoration. The company caters to industries like agriculture, construction, and marine, offering both online sales and potentially repair services.

Financially, Howford Hydraulics Ltd demonstrates a mixed picture. Current assets increased by 19% to £650,000, while net assets also rose by 19% to £340,000. Cash reserves saw a healthy 18% increase to £180,000. However, trade debtors jumped by 46%, suggesting potential issues with customer payments. Creditors decreased by 32%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s growth in assets and cash reserves is encouraging, but the rise in debtors warrants monitoring. The business seems to be operating effectively within its niche, providing hydraulic solutions and components—but it’s important to keep an eye on those outstanding payments.

Registered in Scotland under the registration number SC223996, with a registered address at KA5 5JX, Ayrshire, Howford Cottage, Catrine.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.